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Mimecast Price Target & Analyst Ratings (NASDAQ:MIME)

-0.23 (-0.52 %)
(As of 12/8/2019 07:57 AM ET)
Today's Range
Now: $43.71
50-Day Range
MA: $41.74
52-Week Range
Now: $43.71
Volume278,251 shs
Average Volume439,812 shs
Market Capitalization$2.71 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

Mimecast (NASDAQ:MIME) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
16 Wall Street analysts have issued ratings and price targets for Mimecast in the last 12 months. Their average twelve-month price target is $55.50, suggesting that the stock has a possible upside of 26.97%. The high price target for MIME is $65.00 and the low price target for MIME is $46.00. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.882.882.942.88
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $55.50$55.50$55.53$54.20
Price Target Upside: 26.97% upside43.08% upside27.43% upside16.21% upside

Mimecast (NASDAQ:MIME) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Mimecast (NASDAQ:MIME) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/8/2019Dougherty & CoDowngradeBuy ➝ NeutralHigh
11/8/2019Robert W. BairdReiterated RatingBuy$58.00High
11/8/2019Needham & Company LLCReiterated RatingBuy$65.00High
11/8/2019BMO Capital MarketsReiterated RatingOutperform$53.00High
8/21/2019Rosenblatt SecuritiesInitiated CoverageBuy$57.00Low
8/6/2019WedbushLower Price TargetNeutral$50.00 ➝ $46.00High
5/31/2019Berenberg BankInitiated CoverageBuy$59.00High
5/23/2019CowenInitiated CoverageOutperform ➝ Outperform$60.00Low
5/14/2019Imperial CapitalReiterated RatingOutperform ➝ Outperform$52.00 ➝ $55.00High
4/12/2019Bank of AmericaInitiated CoverageBuy$60.00High
2/12/2019Royal Bank of CanadaBoost Price TargetOutperform$52.00Medium
2/12/2019OppenheimerBoost Price TargetOutperform$45.00 ➝ $53.00Medium
2/12/2019Deutsche BankBoost Price TargetBuy$52.00Medium
2/12/2019Summit InsightsUpgradeHold ➝ BuyMedium
2/12/2019Monness Crespi & HardtReiterated RatingBuy ➝ Buy$45.00 ➝ $52.00High
2/12/2019Jefferies Financial GroupBoost Price TargetBuy$55.00High
9/18/2018SunTrust BanksInitiated CoverageBuy ➝ Buy$54.00High
8/10/2018JPMorgan Chase & Co.Boost Price TargetNeutral ➝ Neutral$44.00 ➝ $46.00Medium
6/20/2018Goldman Sachs GroupUpgradeNeutral ➝ BuyHigh
5/31/2018BarclaysReiterated RatingOverweight$40.00 ➝ $47.00Medium
5/15/2018StephensBoost Price TargetOverweight$42.00 ➝ $50.00High
(Data available from 12/8/2017 forward)
This page was last updated on 12/8/2019 by MarketBeat.com Staff

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